Piedmont Lithium Inc
Piedmont Lithium Inc., a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,482 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States. It also own… Read more
Piedmont Lithium Inc (PLLTL) - Net Assets
Latest net assets as of June 2025: $277.65 Million USD
Based on the latest financial reports, Piedmont Lithium Inc (PLLTL) has net assets worth $277.65 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($318.55 Million) and total liabilities ($40.90 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $277.65 Million |
| % of Total Assets | 87.16% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 6329.02% |
| 10-Year Change | 16500.52% |
| Growth Volatility | 665.05 |
Piedmont Lithium Inc - Net Assets Trend (1988–2024)
This chart illustrates how Piedmont Lithium Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Piedmont Lithium Inc (1988–2024)
The table below shows the annual net assets of Piedmont Lithium Inc from 1988 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $298.25 Million | -10.26% |
| 2023-12-31 | $332.33 Million | +22.95% |
| 2022-12-31 | $270.29 Million | +49.82% |
| 2021-12-31 | $180.41 Million | +3788.94% |
| 2020-12-31 | $4.64 Million | 0.00% |
| 2019-12-31 | $4.64 Million | -23.07% |
| 2018-12-31 | $6.03 Million | +84.68% |
| 2016-12-31 | $3.27 Million | +135.23% |
| 2015-12-31 | $1.39 Million | -22.73% |
| 2014-12-31 | $1.80 Million | -44.76% |
| 2013-12-31 | $3.25 Million | -44.77% |
| 2012-12-31 | $5.89 Million | -36.18% |
| 2011-12-31 | $9.23 Million | -21.05% |
| 2010-12-31 | $11.69 Million | -2.32% |
| 2009-12-31 | $11.96 Million | +33.66% |
| 2008-12-31 | $8.95 Million | -42.73% |
| 2007-12-31 | $15.63 Million | +23.22% |
| 2006-12-31 | $12.68 Million | +518.82% |
| 2005-12-31 | $2.05 Million | +101.19% |
| 2004-12-31 | $1.02 Million | +154.17% |
| 2003-12-31 | $-1.88 Million | -159.17% |
| 2002-12-31 | $3.18 Million | -75.26% |
| 1999-12-31 | $12.85 Million | +248.46% |
| 1998-12-31 | $3.69 Million | -74.60% |
| 1997-12-31 | $14.52 Million | -35.11% |
| 1996-12-31 | $22.37 Million | -11.84% |
| 1995-12-31 | $25.37 Million | +40.98% |
| 1994-12-31 | $18.00 Million | -9.37% |
| 1993-12-31 | $19.86 Million | +24.28% |
| 1992-12-31 | $15.98 Million | -13.94% |
| 1991-12-31 | $18.57 Million | +4.38% |
| 1990-12-31 | $17.79 Million | +2.28% |
| 1989-12-31 | $17.39 Million | +15.32% |
| 1988-12-31 | $15.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piedmont Lithium Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8998.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $-8.03 Million | -2.69% |
| Other Components | $497.88 Million | 166.93% |
| Total Equity | $298.25 Million | 100.00% |
Piedmont Lithium Inc Competitors by Market Cap
The table below lists competitors of Piedmont Lithium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value Capital One Ltd
TA:PLTF
|
$1.38 Million |
|
Arcane Crypto AB
PINK:ARCNF
|
$1.38 Million |
|
Country Condo's Limited
NSE:COUNCODOS
|
$1.38 Million |
|
Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS
IS:LINK
|
$1.38 Million |
|
ALR Technologies Inc.
OTCMKTS:ALRTF
|
$1.38 Million |
|
Greiffenberger AG
F:GRF
|
$1.38 Million |
|
Getaround Inc
OTCQB:GETR
|
$1.38 Million |
|
BOD Science Ltd
AU:BOD
|
$1.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piedmont Lithium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 332,330,000 to 298,247,000, a change of -34,083,000 (-10.3%).
- Net loss of 64,761,000 reduced equity.
- New share issuances of 24,554,000 increased equity.
- Other comprehensive income decreased equity by 4,301,000.
- Other factors increased equity by 10,425,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.76 Million | -21.71% |
| Share Issuances | $24.55 Million | +8.23% |
| Other Comprehensive Income | $-4.30 Million | -1.44% |
| Other Changes | $10.43 Million | +3.5% |
| Total Change | $- | -10.26% |
Book Value vs Market Value Analysis
This analysis compares Piedmont Lithium Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $29.02 | $0.06 | x |
| 1989-12-31 | $34.08 | $0.06 | x |
| 1990-12-31 | $33.32 | $0.06 | x |
| 1991-12-31 | $32.66 | $0.06 | x |
| 1992-12-31 | $29.23 | $0.06 | x |
| 1993-12-31 | $32.92 | $0.06 | x |
| 1994-12-31 | $33.23 | $0.06 | x |
| 1995-12-31 | $50.55 | $0.06 | x |
| 1996-12-31 | $45.76 | $0.06 | x |
| 1997-12-31 | $27.78 | $0.06 | x |
| 1998-12-31 | $27.03 | $0.06 | x |
| 1999-12-31 | $25.01 | $0.06 | x |
| 2002-12-31 | $8.43 | $0.06 | x |
| 2003-12-31 | $-4.99 | $0.06 | x |
| 2004-12-31 | $2.70 | $0.06 | x |
| 2005-12-31 | $0.84 | $0.06 | x |
| 2006-12-31 | $7.21 | $0.06 | x |
| 2007-12-31 | $6.78 | $0.06 | x |
| 2008-12-31 | $3.86 | $0.06 | x |
| 2009-12-31 | $3.04 | $0.06 | x |
| 2010-12-31 | $2.97 | $0.06 | x |
| 2011-12-31 | $2.34 | $0.06 | x |
| 2012-12-31 | $1.49 | $0.06 | x |
| 2013-12-31 | $0.82 | $0.06 | x |
| 2014-12-31 | $0.45 | $0.06 | x |
| 2015-12-31 | $0.35 | $0.06 | x |
| 2016-12-31 | $0.80 | $0.06 | x |
| 2018-12-31 | $1.16 | $0.06 | x |
| 2019-12-31 | $0.01 | $0.06 | x |
| 2020-12-31 | $0.56 | $0.06 | x |
| 2021-12-31 | $13.31 | $0.06 | x |
| 2022-12-31 | $15.43 | $0.06 | x |
| 2023-12-31 | $17.46 | $0.06 | x |
| 2024-12-31 | $15.20 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piedmont Lithium Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -21.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.84%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.17x
- Recent ROE (-21.71%) is above the historical average (-23.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 22.57% | 5.73% | 1.83x | 2.15x | $1.50 Million |
| 1989 | 17.85% | 4.82% | 1.86x | 1.99x | $1.10 Million |
| 1990 | 7.50% | 2.04% | 1.86x | 1.98x | $-342.04K |
| 1991 | 6.09% | 1.61% | 1.81x | 2.08x | $-524.17K |
| 1992 | 5.82% | 1.46% | 1.94x | 2.07x | $-500.87K |
| 1993 | 11.31% | 2.43% | 1.95x | 2.39x | $177.34K |
| 1994 | 6.67% | 1.28% | 2.12x | 2.46x | $-435.28K |
| 1995 | 4.91% | 1.13% | 2.01x | 2.16x | $-1.01 Million |
| 1996 | 2.37% | 0.72% | 1.66x | 1.99x | $-1.37 Million |
| 1997 | 3.89% | 0.80% | 2.03x | 2.39x | $-668.35K |
| 1998 | 5.09% | 0.73% | 3.42x | 2.05x | $-499.93K |
| 1999 | 10.11% | 1.47% | 2.06x | 3.33x | $10.57K |
| 2002 | -161.65% | -18.36% | 3.09x | 2.85x | $-5.46 Million |
| 2003 | 0.00% | -25.80% | 70.70x | 0.00x | $-4.99 Million |
| 2004 | 305.76% | 0.00% | 0.00x | 1.00x | $3.01 Million |
| 2005 | -15.50% | -61.06% | 0.25x | 1.01x | $-522.55K |
| 2006 | -17.11% | 0.00% | 0.00x | 1.03x | $-3.44 Million |
| 2007 | -28.59% | 0.00% | 0.00x | 1.04x | $-6.03 Million |
| 2008 | -33.20% | 0.00% | 0.00x | 1.02x | $-3.87 Million |
| 2009 | -6.25% | 0.00% | 0.00x | 1.01x | $-1.94 Million |
| 2010 | -21.42% | 0.00% | 0.00x | 1.02x | $-3.67 Million |
| 2011 | -21.79% | 0.00% | 0.00x | 1.02x | $-2.93 Million |
| 2012 | -44.08% | 0.00% | 0.00x | 1.05x | $-3.18 Million |
| 2013 | -87.75% | 0.00% | 0.00x | 1.09x | $-3.18 Million |
| 2014 | -50.28% | 0.00% | 0.00x | 1.02x | $-1.08 Million |
| 2015 | -20.66% | 0.00% | 0.00x | 1.03x | $-425.57K |
| 2016 | -82.33% | 0.00% | 0.00x | 1.15x | $-3.01 Million |
| 2018 | -164.12% | 0.00% | 0.00x | 1.33x | $-10.50 Million |
| 2019 | -208.70% | 0.00% | 0.00x | 1.46x | $-10.15 Million |
| 2020 | -211.74% | 0.00% | 0.00x | 1.46x | $-10.29 Million |
| 2021 | -11.08% | 0.00% | 0.00x | 1.04x | $-38.03 Million |
| 2022 | -4.80% | -27.53% | 0.16x | 1.07x | $-40.00 Million |
| 2023 | -6.55% | -54.69% | 0.10x | 1.15x | $-55.01 Million |
| 2024 | -21.71% | -64.84% | 0.29x | 1.17x | $-94.59 Million |
Industry Comparison
This section compares Piedmont Lithium Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piedmont Lithium Inc (PLLTL) | $277.65 Million | 22.57% | 0.15x | $1.38 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |